Kim Chang Yong, South Korean ambassador to Cambodia, has invited a Cambodian delegation to visit Korea this coming June to promote the Kingdom’s investment landscape, potentially attracting Korean investors. The newly appointed ambassador raised the idea during a March 12 meeting with Sun Chanthol, first vice-chairman of the Council for the Development of Cambodia (CDC). Chanthol expressed his gratitude for the continued support of the Korean government and people for Cambodia’s socio-economic development, particularly the establishment of the Cambodia–Korea bilateral Free Trade Agreement (FTA). He noted that the two nations upgraded their bilateral relations to a “Strategic Partnership” in 2024.…
Author: Hin Pisei
Cambodia will have additional Special Economic Zone (SEZ) administrations and new SEZs, all of which will play an important role in increasing the country’s attractiveness to investors and encouraging more direct investment into Cambodia. According to the government’s March 11 Decision No. 30 SSR, “Establishment of the Grand Bokor Special Economic Zone Administration”, the Grand Bokor SEZ Administration will be established in Preah Sihanouk province’s Teuk Thla commune, in Prey Nop district. At the same time, the “Canadia National Road 51 Special Economic Zone” was also approved. It will cover more than 500 hectares in Kampong Speu province’s Samrong Tong…
Cambodia and China have signed an agreement that will see the export of $35 million worth of cashew nuts in the shell. The quantity is tipped to rise to as much as $400 million in the future. A March 11 meeting at the Ministry of Commerce saw the signing of the “Supply Contract of Cambodian Cashew Nuts” memorandum of understanding (MoU) between the China Bonded Port Group Co., Ltd. and Men Sarun MDR Co., Ltd. The deal will see the M23 variant of cashews, a large-sized nut which is widely grown in the Kingdom, sent to China. The MoU was…
More than 100 investment projects, with a total investment of almost $1 billion, were approved by the Council for the Development of Cambodia (CDC) in the first two months of the year. Almost half of the investment capital comes from China. According to a March 11 CDC press release, the council approved 105 projects with a total capital of about $966 million. They are expected to generate around 39,000 jobs. Investment from China accounted for 47.17%, followed by Cambodia (22.16%), Malaysia (20.68%) and Singapore (5.04%), along with several other countries. Kampong Speu province will see 31 projects, along with 21…
A delegation from the Textile, Apparel, Footwear and Travel Goods Association in Cambodia (TAFTAC) has asked the Council for the Development of Cambodia (CDC) to continue its support for the association’s activities in order to encourage investment in the garment, footwear and travel goods sectors, as well as several supporting industries. Newly elected TAFTAC chairman Enjoy Ho led a delegation to a March 10 meeting with Chea Vuthy, secretary-general of the CDC’s Cambodia Investment Board, at the CDC headquarters. Ho explained the roughly 30-year history of the association, noting that it changed its name from the Garment Manufacturers Association in…
The Cambodia Tourism Board (CTB) has announced its successful showcasing of the Kingdom as one of Southeast Asia’s must-visit destinations at ITB Berlin 2026, one of the world’s leading B2B travel trade shows. Over three days from 3 to 5 March 2026, Cambodia’s tourism potential was on full display at the event, which welcomed approximately 97,000 visitors, including 5,601 exhibitors from 166 countries, reaffirming its position as the “global meeting point for the travel industry”. The CTB delegation was joined by domestic partners, including the Angkor Destination Travel, Apsara Tours, Phoenix Voyages, Hanuman Travel, Samanea Wellness Resort, VLK Royal Tourism,…
China is the largest source of goods for Cambodia. In the first two months of 2026, goods imported from China to Cambodia were valued at nearly $3.3 billion, an increase of more than one-third over the same period in 2024. The amount Cambodia spent on imports from China accounted for more than half of its total spending on imports. The General Department of Customs and Excise (GDCE) reported that in January to February, trade between Cambodia and China reached $3.58 billion, up 34.4% from the $2.66 billion recorded in the same period of 2025. Imports totalled $3.28 billion, up 34.2%,…
Despite global political and economic conditions, as well as trade pressure caused by border tensions, the Kingdom’s international trade has not declined. Instead, it recorded growth of nearly 20% during the first two months of 2026. A March 10 report from the General Department of Customs and Excise (GDCE) showed that in January and February, Cambodia’s total trade with all partner countries reached $11.11 billion, an increase of 17.6% over the same period in 2025, when $9.45 billion was recorded. Exports totalled $5.23 billion, up 17.2%, while imports reached $5.88 billion, rising 18%. Cambodia recorded a trade deficit of about…
A delegation of South Korean investors has expressed interest in exploring the possibility of establishing an electric motorcycle assembly plant in Cambodia, noting that the use of electric vehicles by Cambodians continues to rise, especially in the context of the global challenge of increasing fuel prices. They would join a growing number of South Korean ebike assemblers, including Verywords, whose models are commonly seen on the Kingdom’s streets. Youn Heng, deputy secretary-general of the Cambodian Investment Board (CIB), met with a Korean delegation of investors at the headquarters of the Council for the Development of Cambodia (CDC) on March 6.…
Chea Serey, governor of the National Bank of Cambodia (NBC), has noted that Cambodia’s economic situation in 2025 remained positive, as the Kingdom was able to maintain exchange rate stability and keep inflation at a low level, while a series of measures were introduced to address several major challenges. She shared the welcome news during a meeting with an International Monetary Fund (IMF) team, led by Kenichiro Kashiwase, at the NBC offices near Wat Phnom, on March 5. Serey briefed Kashiwase on Cambodia’s economic and financial sector situation in 2025. During 2025, the NBC introduced several new measures aimed at…